SHARE MARKET UPDATES TODAY AND TOP TIPS FOR TOMORROW, By PremiumStcokTips, Call 08040751836

SHARE MARKET UPDATES TODAY AND TOP TIPS FOR TOMORROW, By PremiumStcokTips, Call 08040751836

Hero MotoCorp gained 1.6% after the company said its total motorcycle sales rose 3.65% to 6.63 lakh units in October 2016 over October 2015.

ITC ended up 1.3% on expectations that the GST Council at its crucial meeting today is likely to finalise the tax rate including the levy of cess and sort out the vexed issue of jurisdiction over assessees.

State Bank of India (SBI) and ICICI Bank have cut their respective lending rates for home loans to boost housing credit during the festive season. SBI has slashed interest rates by 0.15 per cent for its home loans up to Rs 75 lakh, while ICICI Bank is offering overdraft facility along with home loan.

SBI was down over 2%;

ICICI Bank ended nearly 1% lower.

Hindalco gained over 4% on upgrade by a foreign brokerage and increased the target price to Rs 190 per share.